Bell Canada, whose payment obligations are unconditionally guaranteed by BCE Inc., filed a prospectus supplement dated April 6, 2026, establishing a medium-term note (MTN) debenture program under its short form base shelf prospectus dated April 2, 2026. The unsecured debentures may be issued in one or more series over a 37-month period, with maturities exceeding one year, at par, a discount, or a premium. The prospectus does not specify a fixed aggregate offering amount; net proceeds will depend on the extent and terms of issuance.

Payment of principal, interest, and other obligations will be fully and unconditionally guaranteed on an unsecured, unsubordinated basis by BCE Inc. The MTN Debentures will rank pari passu with all other unsecured and unsubordinated indebtedness of Bell Canada and will be issued under a trust indenture with Computershare Advantage Trust of Canada as trustee. Proceeds may be used for debt repayment, capital expenditures, acquisitions, or general corporate purposes.

The debentures are expected to carry investment-grade credit ratings of BBB from DBRS and S&P, and Baa2 from Moody's. They will not be listed on any securities exchange.

Stikeman Elliott LLP serves as legal counsel to Bell Canada, while McCarthy Tétrault LLP acts on behalf of the dealers. The dealer syndicate comprises 14 firms, including BMO Nesbitt Burns, CIBC World Markets, RBC Dominion Securities, Scotia Capital, TD Securities, and others.

As at December 31, 2025, approximately C$1.372 billion in indebtedness was outstanding and approximately C$675 million in letters of credit were issued under affiliated credit facilities.